Dow (DOW) Options Chain

NYSE: DOWIndustrialsMajor ChemicalsUSD

28.42-0.17 (-0.59%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $28.42
Put/call ratio (OI): 0.86
Put/call ratio (volume): 0.72
ATM implied volatility: 43.1%
Expected move: ±$5.29
Open interest (C / P): 42.35K / 36.38K

DOW options summary

The DOW options chain for the December 18, 2026 expiration lists 25 call and 25 put contracts, with 68 days until expiration. Open interest stands at 42,349 calls and 36,380 puts, a put/call ratio of 0.86, which is fairly balanced between calls and puts. At-the-money implied volatility near the $27.50 strike is 43.1%, which implies the market expects a move of about ±$5.29 (18.6%) in Dow stock by expiration.

The most open interest sits at the $37.50 call (4.91K contracts) and the $30.00 put (13.11K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

DOW options chain · December 18, 2026

DOW calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
2	1	727.5%	26.20	24.35	28.30	12.50	0.00	0.08	0.01	87.9%	1	285
26	1	114.8%	16.75	12.25	15.55	15.00	0.01	0.08	0.04	71.1%	7	6,092
1,361	2	93.3%	12.71	10.60	12.25	17.50	0.01	0.10	0.04	57.4%	4	910
1,249	2	74.0%	7.95	8.50	9.40	20.00	0.02	0.15	0.09	52.9%	31	3,223
326	1	57.9%	6.01	6.15	6.90	22.50	0.11	0.30	0.22	45.9%	26	3,117
734	5	51.0%	4.27	3.90	4.45	25.00	0.58	0.90	0.64	47.7%	19	2,703
1,326	2	44.4%	2.64	2.18	2.64	27.50	1.35	1.60	1.43	41.9%	4	1,153
DOW $28.42
4,200	24	43.1%	1.31	1.21	1.48	30.00	2.71	2.99	2.80	41.6%	63	13,107
3,579	67	40.9%	0.65	0.58	0.70	32.50	4.30	4.90	5.10	43.9%	3	1,123
4,200	14	41.5%	0.31	0.30	0.35	35.00	6.45	7.15	6.90	48.6%	6	1,175
4,911	5	43.8%	0.16	0.12	0.20	37.50	9.25	9.40	10.91	49.2%	3	894
2,445	2	49.9%	0.09	0.07	0.18	40.00	11.20	11.90	11.82	57.0%	2	1,669
787	20	51.4%	0.05	0.04	0.11	42.50	13.55	14.30	14.10	59.0%	1	427
4,682	17	54.1%	0.04	0.01	0.08	45.00	15.75	17.05	16.77	77.4%	2	496
1,197	1	54.3%	0.05	0.01	0.08	47.50	17.00	20.40	17.10	112.1%	1	0
4,521	17	51.6%	0.02	0.00	0.03	50.00	18.90	22.05	21.46	89.4%	1	5
440	2	61.7%	0.06	0.00	0.08	52.50	22.00	25.40	23.60	124.8%	1	0
898	2	65.6%	0.02	0.00	0.08	55.00	22.50	25.25	23.90	—	1	1
409	4	69.5%	0.04	0.00	0.08	57.50	26.95	30.35	27.80	134.4%	1	0
1,824	1	71.9%	0.01	0.00	0.07	60.00	29.45	32.85	30.30	139.4%	1	0
1,405	50	75.0%	0.03	0.00	0.07	62.50	29.60	33.00	32.10	—	—	0
923	1	68.8%	0.03	0.00	0.02	65.00	34.45	37.85	36.00	148.6%	1	0
217	4	83.6%	0.03	0.00	0.07	70.00	33.95	37.95	33.43	—	1	0
604	1	105.1%	0.01	0.00	0.25	75.00	47.00	51.50	53.65	204.1%	1	0
83	8	98.0%	0.06	0.00	0.10	80.00	49.45	53.05	50.70	178.0%	1	0

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the DOW put/call ratio?

For the December 18, 2026 expiration, the DOW put/call ratio based on open interest is 0.86 (36,380 puts vs 42,349 calls), and 0.72 based on today's volume. A ratio above 1 means more puts than calls.

What is DOW's implied volatility?

At-the-money implied volatility for DOW options expiring December 18, 2026 is about 43.1%, an annualized estimate of how much the market expects Dow stock to move.

How many DOW option expiration dates are there?

DOW has 13 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.